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BlackRock and Microsoft are developing what they claim will be a cutting-edge platform that will sell guaranteed income products that aren’t available in existing retirement programs, including 401(k)s. So reports RIABiz.

The decision occurs as Amazon.com has announced it will offer banking products, which has fueled speculation that the online retailer may soon become a major force in retail investing.

Read the full article from RIABiz.

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